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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: RAVEL who wrote (17451)	5/21/1998 2:06:00 PM
From: WR	Read Replies (1) of 31646

To All, With the semiconductor market stuck in neutral, Intel executives on Wednesday presented a plan to help the chip maker shake off several years of flat growth. At its annual shareholders meeting, Andy Grove, Intel co-founder and chairman, and Craig Barrett, CEO, said Intel will invest more in manufacturing and in research and development as a means of turning around that trend. Barrett, who officially took the helm of the company Wednesday as planned, said Intel (company profile) will spend $2.8 billion on research and development, and about $5 billion on manufacturing. techweb.com

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